Foreclosure Acitvity is Waning

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From DS News

 

RealtyTrac: Foreclosure Activity Falls to Lowest Level Since 2007

Despite a monthly uptick in foreclosure starts, first quarter foreclosure activity fell to a six-year low, according to RealtyTrac's foreclosure market report for the first quarter and March. Data from RealtyTrac showed 442,117 properties received some type of foreclosure filing in Q1. The figure represents the lowest level since Q2 2007 and a quarterly and yearly decrease of 12 percent and 23 percent, respectively. Meanwhile, foreclosure starts, which numbered 73,113 in March, moved higher for the second straight month and posted a 2 percent increase from February. » Read More

 

- Sunil Sethi

 

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